Mortgage broker Birmingham
If you’re looking for mortgage advice in Birmingham speak to one of our advisers who have expertise spanning the entire UK mortgage market.
All of our brokers have up to date industry knowledge and the ability to search thousands of deals to find you a competitive mortgage rate.
Speak to an expert today about your needs and the current market
Clear mortgage recommendations with access to 70+ lenders & broker exclusive products
We've helped 1000s of people find and get their best deal
Why Mojo?
Mojo helps around 3000 people in the West Midlands every month. On average, Mojo customers save £357* per month on their mortgage repayments
*The £357 average savings are based on Mojo mortgages residential remortgage sales data only compared to the average SVR (Standard Variable Rate) in January 2024. Actual savings will depend on individual circumstances
Going above & beyond to save you time ⏳ & money 💰 on your mortgage
Paperwork help ✅ Mortgage broker exclusives ✅ Works alongside over 70 lenders ✅
1. Add your details online
No 2-hr phone calls or branch visits. It takes a few minutes to tell us what you need from your next mortgage online.
2. Speak to your broker
Choose the perfect time, whether that is ASAP or a time better suited to you, we are available 6 days a week, including evenings.
3. Get your mortgage with Mojo
We’ll check and chase to help avoid delays. Get regular updates from your broker and case manager.
Birmingham mortgage brokers
When you’re looking for a mortgage broker in Birmingham, it’s a good idea to focus on what’s most important to you. Mojo is a totally free online mortgage broker and we offer entirely remote services, so you won’t need to worry about wading through rush hour traffic to get your mortgage advice.
Whether you’re a first-time buyer, home mover, landlord, or remortgaging in Birmingham or the West Midlands, we're here to help.
Getting a mortgage in Birmingham
Birmingham is a large, vibrant city in the Midlands region of the Uk, which boasts the highest residential population outside of London and holds the title of ‘second city’. With multiple universities, thriving finance and manufacturing industries, and major transport links, as well as close proximity to the rural sprawls of Warwickshire and Worcestershire, it’s a city with a lot to offer to both home buyers and investors.
According to Zoopla, the average property average sold property price over the last 12 months in Birmingham is £250,013. This is lower than the national UK average of £263,900*, so you’ll likely need slightly less of a deposit, which can make it an attractive prospective location.
The maximum LTV available from most lenders is 95% LTV, meaning you’ll need a 5% deposit:
For the UK national average property - 5% deposit currently = £13,195
For an average property in Birmingham - 5% deposit currently = £12,500
*based on Zoopla's March 2024 house price index
We helped over 46,000 people in the West Midlands with their mortgage needs in 2023!
Speak to our friendly brokers to see how we could help your Birmingham home ownership dreams come true.
How far will my money go when buying property in Birmingham?
This is largely dependent on which area of Birmingham you plan to buy in, as prices can vary a lot. Some of the most costly areas in and around Birmingham, such as Harborne and Solihull are usually priced quite a bit higher than the Birmingham average.
However, there are more affordable areas of the city to consider, such as Small Heath and Northfield, which tend to be popular with first-time buyers. You can stay up to date with average property prices in Birmingham, based on their size, with Zoopla.
What our customers say
...Stephen from Mojo gave me advice on a new mortgage, he was aware that I needed a new mortgage within in a week to complete my purchase on time.
Stephen was very helpful, put my mind at rest and we completed on time. I would not hesitate to recommend Mojo Mortgages.
Sian Ley
22 February 2024
Birmingham mortgage broker FAQs
In reality, you don't need a Birmingham-based mortgage broker to get a mortgage in Birmingham these days. Many brokers, like ourselves, offer fully remote mortgage advice.
While a traditional location-based broker may be able to offer more specific area knowledge, many people are likely to source this information for themselves nowadays.
The term ‘best’ is fairly objective, as it depends on your needs. When looking for a mortgage broker anywhere, the best approach is make a list of which services are important to you and which brokers tick the most boxes.
You can usually find free mortgage advisers, like ourselves, in most locations, so if you plan to pay for mortgage advice, make sure you know exactly what you’re getting for the additional expense.